{ "ticker": { "uuid": "f649a615-ff22-4b51-839c-feb2a1d0a6ec", "symbol": "SONATSOFTW", "name": "Sonata Software Limited", "exchange": "NSI", "country": "IN", "assetType": "equity" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^NSEI", "stage": 1, "stage_name": "Basing", "phase": "1b", "phase_label": "Stage 1B \u00b7 Basing", "transition": "stage_1_building", "transition_label": "Base still building", "confidence": 96.0, "architecture_regime": "balance", "architecture_regime_label": "Balance", "architecture_modifier": "Balance after decline", "architecture_gate": "up", "architecture_direction": 68.653, "architecture_energy": 70.059, "architecture_maturity": 34.164, "architecture_confidence": 81.015, "architecture_tenure": "Developing", "architecture": { "interpretation": { "headline": "Directional pressure has compressed into balance.", "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base." }, "scores": { "balance": 20.44, "rotation_up": 70.98, "upward_expansion": 88.68, "deceleration": 45.06, "rotation_down": 10.08, "downward_expansion": 15.34 }, "activity_lines": [ 308.863888, 297.29321, 284.653581, 277.409761 ], "activity_state": "Wide", "activity_direction": "Expanding", "rotation_direction": "Improving", "price_acceptance": 0.666667 }, "latest_close": 318.049988, "trend_reference": 276.072427, "distance_from_trend": 0.152053, "trend_direction": "Weakening", "fair_value": 478.72709, "distance_from_fair_value": -0.335634, "fair_value_direction": "Improving", "relative_strength": 3.009447, "relative_strength_direction": "Improving", "price_momentum": 0.044241, "excess_performance": 0.08795, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.152053, "read": "Above" }, { "label": "Trend direction", "positive": false, "value": -0.077786, "read": "Falling" }, { "label": "Price vs current Fair Value", "positive": false, "value": -0.335634, "read": "Below anchor" }, { "label": "Fair Value direction", "positive": true, "value": 0.064929, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.030094, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.124291, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.044241, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 2.254847, "read": "Demand-led" } ], "volume": { "latest": 13843900, "relative_activity": 1.571147, "balance": 2.254847, "dry_up": 2.187677, "accumulation_observations": 2, "distribution_observations": 2 }, "risk": { "range_context": 0.087878, "annualized_volatility": 0.546767, "from_high_reference": -0.239546, "from_low_reference": 0.535361 }, "levels": { "trend_reference": 276.072427, "fair_value_reference": 478.72709, "structural_low": 207.149994, "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 22, "median_return": -0.016913, "positive_rate": 0.454545, "directional_follow_through": 0.454545, "median_excess_return": -0.007057, "regime_survival": 0.681818, "best_return": 0.114188, "worst_return": -0.197408, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 10, "median_return": -0.081281, "positive_rate": 0.1, "directional_follow_through": 0.1, "median_excess_return": -0.087885, "regime_survival": 0.4, "best_return": 0.184695, "worst_return": -0.448379, "sufficient": true }, { "horizon": "Extended", "sample_count": 6, "median_return": -0.158581, "positive_rate": 0.166667, "directional_follow_through": 0.166667, "median_excess_return": -0.187823, "regime_survival": 0.5, "best_return": 0.17715, "worst_return": -0.466429, 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280.001318, 274.770514 ] }, { "date": "2026-08-07", "close": 318.049988, "volume": 13843900, "typical_volume": 8811335.7, "trend": 276.072427, "fair_value": 478.72709, "relative_strength": 3.009447, "stage": 1, "regime": "balance", "modifier": "Balance after decline", "gate": "up", "direction": 68.653163, "energy": 70.059465, "activity_lines": [ 308.863888, 297.29321, 284.653581, 277.409761 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }